F&I SECTIONAL TITLE

Our comprehensive policy is designed to meet the needs and protect the interests of Body Corporates (Trustees and Unit Owners). Listed below are the policy sections automatically included in the cover.

Note: Only a few of the policy extensions are mentioned here and are not exhaustive of the many advantages of the product offering;

 

BUILDINGS

  • Power Surge – Limit: R50,000
  • Water Loss due to leakage
  • Employment of Watchmen
  • Emergency Medical Expenses
  • Property owners’  Liability – Limit: R20,000,000

OFFICE CONTENTS

  • Office Contents – Sum Insured: R100,000

ACCOUNTS RECEIVABLE

  • Outstanding balances – Sum Insured: R1,000,000

MONEY

  • Major losses – Limit: R20,000
  • Cash and Credit Cards – Limit: R10,000

PLATE GLASS

  • Accidental Damage – Sum Insured: R10,000

FIDELITY GUARANTEE

  • Fraudulence and / or Dishonesty (Trustees & staff) – Sum Insured: R100,000

GOODS IN TRANSIT

  • All Risks basis – Sum Insured: R10,000

PUBLIC LIABILITY

  • General and Tenants Liability – Indemnity: R20,000,000
  • Trustees Liability- Indemnity: R5,000,000
  • Directors and Officers Liability- Indemnity: R2,500,000
  • Products Liability /  Defective Workmanship – Indemnity: R20,000,000
  • Legal Defence Costs Indemnity/  Wrongful Arrest /Defamation – Indemnity: R50,000
  • Liability to Visitors or Guests – Indemnity: R25,000
  • Animals intruding onto neighbouring property – Indemnity: R25,000

EMPLOYERS LIABILITY

  • All Employees of the Insured – Indemnity: R20,000,000

 

Clients also have the option to extend the Sectional Title cover to include conventional policy sections:

Eg. Business All Risks, Stated Benefits, Group Personal Accident, Motor, Electronic Utilities, Machinery Breakdown & Machinery Breakdown Business Interruption.